Your Goal
Supporting the future of Texas A&M with a significant personal contribution is important to your philanthropic goals. Receiving an immediate charitable income-tax deduction would benefit your financial situation. You may own a property that you do not use, such as a vacation home, an investment property that has become a hassle or a highly appreciated property you are hesitant to sell in light of substantial capital-gains taxes. You want to avoid the process of selling your property.

Benefits

• You receive an immediate charitable income-tax deduction for the property’s full fair market value.
• You avoid capital-gains taxes on the property’s appreciation.
• You bypass the hassle of selling the property.
• You eliminate the burdens of property ownership.
• You reduce your taxable estate.

Patti and Weldon Kruger ’53 made an outright gift to the Texas A&M Foundation of ranch land in Fayette and Colorado counties that they had purchased in 2001 as investment properties.

	"We wanted to give to the Texas A&M Foundation and that decision was paramount. We then decided to give our properties." -Patti Kruger
	"Mainly we hope it will help students. That’s what we’re trying to do." -Weldon Kruger ‘53